Cost of Living in Harrodsburg, KY
Housing
The housing market plays a significant role in determining the cost of living in Harrodsburg, KY.
- Housing Index: 100 / 100
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): $1350 per month
- Average Rent (2 BR House): $1467 per month
In Harrodsburg, KY, the housing index is currently at 100. With a median home price of 150000, purchasing a home seems more affordable compared to other areas. The average rent for a 2-bedroom apartment is 1350, whereas renting a 2-bedroom house averages 1467. Considering the housing index is below the national average, it suggests a favorable market for homebuyers or renters alike, making this city an attractive option for relocation. As real estate markets fluctuate, investing here now could yield better long-term benefits.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Harrodsburg, KY.
- Electricity Price: $12.87 USD (median by state)
- Natural Gas Price: $22.78 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $225 per month
Living in Harrodsburg, KY could entail higher utility costs. Electricity costs sit at $12.87, while natural gas is priced at $22.78 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $225 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Harrodsburg is a financially viable option for your relocation.